41.873158 -71.39738
$899,000
For Sale Under Contract
5,227Lot Size
Commercial/Business in Pawtucket
Investors take notice! Amazing opportunity to own this colossal and totally renovated 9 units on one lot, All units comes modern spacious 1, 2 and 3 bedroom units, insulated with spray foam, new walls, new paint, new cabinets with granite countertops, beautiful backsplash in kitchen, Newer stoves and refrigerators, refinished flooring, New heating navient system, new bathroom with a modern stall shower and more, This property consists of 2 buildings side to side. Left building is a 3-unit (2: 3 beds, 1: 1 bed townhouse style unit). Right building is a 6-unit with ( 5: 2-beds apartments, 1: 2 beds with a potential expansion as a townhouse floor plan. This property comes with a new trex front porch, New vinyl siding, New Roof, Updated windows throughout the property, New electrical wiring, each apartment has its own circuit breaker at the unit. Each unit come his own security alarm system, New fire alarm system for 2 buildings, Fully fire coded, Ample basement for storage, tenants pay their own utilities, Great central location close to downtown, easy on/off 95, bus stop for an easy commute and 3 minutes away to the new Pawtucket/Central Falls train station. Short drive to Providence and about an hr to Boston. This property grosses $118,200 per year in rents and performs at roughly a 9.0% Cap Rate. Set up a tour today.
Courtesy Of Coldwell Banker Res. Brokerage

Main Features

  • Listing Status: For Sale Under Contract
  • Year Built: 1920
  • County: Providence
  • Taxes: $5,797.00
  • Zoning: RM
  • Subdivision: Fairlawn
  • MLS Number:1267238

Additional Features

  • Zoning:
    • RM
  • Basement Details:
    • Full
  • Building Description:
    • Residence
  • Close To:
    • Bus
    • Commuter Bus
    • Highway Access
    • Hospital
    • Interstate
    • Private School
    • Public School
    • Railroad
    • Recreational Facilities
    • Schools
    • Shopping
    • Swimming
  • Contract Type:
    • Inspection Period
  • Cooling:
    • Window Units
  • Electric:
    • 100 Amps
  • Foundation:
    • Mixed
  • Franchise:
    • N
  • Furnished:
    • 0
  • Heating System:
    • Baseboard
  • Laundry:
    • Off Site
  • Loading Dock:
    • None
  • Location:
    • Downtown
    • Urban
  • Owner Pays:
    • Sewer
    • Taxes
    • Trash Services
    • Water
  • Road:
    • Municipal
  • Sewer:
    • Connected
  • Site Description:
    • Sidewalks
  • Type:
    • Multi Family
  • Use Type:
    • Multi 5Plus
  • Utilities:
    • Electric
    • Gas
    • Street Lights
  • Water:
    • Connected
  • Above Grade SQFT:
    • 0
  • Cap Rate:
    • 9.00
  • Freestanding:
    • Y
  • Frontage:
    • 104
  • Inclusions:
    • Burglar alarm system each unit
  • Lease Renewal Option:
    • N
  • Listing Website:
    • https://www.cbhometour.com/42-Bullock-Street-Pawtucket-RI-02860/index.html
  • Lot Size Sq Ft:
    • 5227
  • Number of Buildings:
    • 2
  • Vacancy Allowance:
    • 5
196 Waterman Street Providence RI 02906
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